Firm News

Cherry Bekaert’s Commitment to Clients Amidst Banking Fallout

calendar iconMarch 23, 2023

With the recent bank collapses and continued uncertainty in the market, the implications to businesses of all sizes are still emerging. While ongoing concerns remain, Cherry Bekaert is here to help keep you up to date on changes that may impact your business. No matter your exposure level, we understand the current economic environment can cause you to pause and reexamine your business risk strategies.

Due to this rapidly evolving situation, we have taken steps to ensure we can continue to deliver the level of excellence and timeliness to which you are accustomed:

  • We have a cross-disciplinary response team in place to continuously monitor the ongoing banking situation.
  • We have recommendations and strategies to help our clients protect assets to preserve cash and mitigate risks.
  • We can assist with putting additional financial, operational, and cyber monitoring, as well as controls and risk management measures to help ensure business continuity.
  • We are committed to share information with our clients as things continue to develop.

As we navigate this period of uncertainty, we hope you will reach out to your Cherry Bekaert advisor with any needs or questions. We are committed to making a difference for you and are grateful for your confidence in Cherry Bekaert as we guide you forward.

Related Guidance:
Raising Your Risk Management Profile to Protect Your Assets